Dates of Importance
Financial Aid Calendar - Summer 2009 through Spring 2010
| Activity |
Summer Session |
Fall Semester |
Spring Semester |
| FA Priority Processing Date |
May 1, 2009 |
June 1, 2009 |
October 1, 2009 |
| 1st Payment Due |
June 4, 2009* |
August 6, 2009* |
January 4, 2010* |
| Bookstore Deferments Available |
June 1, 2009 |
August 10, 2009 |
January 4, 2010 |
| 1st Day of the Term |
June 15, 2009 |
August 26, 2009 |
January 20, 2010 |
| 2nd Payment Plan due |
July 2, 2009* |
September 10 2009* |
February 12, 2010* |
| 3rd Payment Plan due |
July 23, 2009* |
October 8, 2009* |
March 12, 2010* |
| 4th Payment Plan due |
NA |
November 5, 2009* |
April 12, 2010* |
| Last Date to Purchase Books on Deferment |
June 17, 2009 |
September 2, 2009 |
February 3, 2010 |
| Book Deferments forms due to Student Account |
June 19, 2009 |
September 4, 2009 |
February 5, 2010 |
| Financial Aid Census Date |
June 22, 2009 |
September 4, 2009 |
February 8, 2010 |
| Grants/Scholarships/Loans |
June 24, 2009 |
September 9, 2009 |
February 10, 2010 |
| Initial Balance FA Checks Mailed |
July 1, 2009 |
September 16, 2009 |
February 17, 2010 |
| Semester Midpoint |
July 8, 2009 |
October 23, 2009 |
March 16, 2010 |
| Financial Aid End of the 60% Period |
July 12, 2009 |
November 4, 2009 |
March 27, 2010 |
| Last Day of the Term |
July 31, 2009 |
December 21, 2009 |
May 21, 2010 |
* Dates are subject to change
Note: Federal regulations regarding student loan disbursements
- If you are receiving a one-semester loan, your loan must be made in two equal disbursements.
Financial Aid Census Date
Financial aid payments will be disbursed based on the number of credits that you are enrolled in on the census date. After this date, adjustments will not be made if you add or drop credits. You are highly encouraged to register for all classes for the semester prior to the census date as no award adjustments will be made after the census date. Your financial aid award will be recalculated for any class(es) that are recorded as "dropped" (D) or "withdrawn" (W) and the reason is "never attended". You may be required to repay the financial aid that you receive if you drop a class(es), your instructor drops your class(es), you never attend a class(es) and/or if you discontinue attending a class(es).
Financial Aid End of the 60% Period
If you withdraw or your instructor withdraws you from all your classes before this date, you may be required to repay a portion of the financial aid funds you received. Total withdrawal after this date will not require repayment, unless the withdrawal reason was "never attended".
Financial Aid Disbursements
Initial grants, scholarships and loan disbursements are made as indicated in the above schedule. Any funds that are remaining after all your charges have been paid will be mailed to you the following Wednesday. Subsequently, disbursement will continue each Wednesday and balance checks mailed the following Wednesday. If financial aid does not cover the entire amount owed to MATC, you are responsible to immediately pay any remaining balance.
+ Disbursement for first-time, first-year loan borrowers
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